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GLG, just wondering if you are in or out of this stock?
Sadly I think we might get down to the .10 to .15 cent range very soon. It’s not looking like the key support levels will hold. Too early to tell but I sure feel this investor fatigue big time.
I’ll still buy you a drink in Vegas. The big win is still going to happen. Mark my words.
The catalyst could be next week. You simply don’t know when Mac is going to announce the outside financing or the software partner.
You could be left with a lot less shares if you are on the sideline and that happens. It’s much better to average down in my opinion.
Both those announcements are already in Macs back pocket and once announced could send the PPS up very quickly. Possibly up to $1.00 overnight.
I for one am taking the patient road. It’s been 6 years for me. What difference does an extra 3 to 6 months make.
Thanks for the cool and calm thoughts Big-T. Go Titan.
Buying opportunity. There are some big trades on the buy side increasing now. The weak hands are stepping aside.
Yes but you need to be approved first
The support line for TITXF should be around $0.33 taking into account the price of $0.25 on Oct 13th and the price of $0.30 on Dec 20th. Draw a line between the averages on both these dates and that’s were it should be. If it fails to stay at that upper support line it should stay between $0.26 and $0.30 which is the second support line. With regards to the reverse split I see this as a very positive thing if and when this occurs which should immediate start boosting the stock price. If you are looking at historical data on historical reverse splits to decide when to step in, I would say this. With many failing companies, a reverse split is usually a last ditch effort to maintain a decent stock price. In the case of TITXF a reverse split will bring the PPS into a range where big investors can start to buy. So this would be “Huge”.
Exactly. I was thinking that maybe a little encouragement and positive thinking would help. :)
Run baby run. It’s time for you, Mr Stock, to get your head out of the sand and just go for it. You can do it, I have faith in you. Just go for it and don’t look back.
FYI: Nicholson just posted this info talking about Sport and the future of robotic surgery.
https://www.surgicalproductsmag.com/article/2018/01/titan-medicals-sport-robotically-assisted-surgical-system-making-headway?utm_content=65780581&utm_medium=social&utm_source=facebook
I haven’t posted for a while but read this board at least twice a day. Definitely appreciate the enthusiasm, deep insight and encouragement on this board. Been living in Austin, TX now for almost seven years, previously lived in Portland, OR and the ATL back in 2006. I am definitely a Titan addict, very long and in very deep and have been adding to my position a lot lately. I plan to be among the counted attendees to our Vegas party in a couple of years. I believe the chosen venue is the Bellagio. Best wishes to ya’ll from Texas for this amazing 2018 journey and beyond.
Anyone who owns this stock still lurking in this site?
More than anything I am impressed by the knowledge and insight provided some of the key investors on this board.
I take it you know the answer. $58M perhaps?
And I appreciated it so much that I kept it in a safe place for future reference.
I did not create this analysis. Just reposting for those that have not seen this.
Based on new pricing models(est. $1.2M to $1.8M per system)
The analysis could be considered as another validation of SPORT as a future competitor in the market.
If they are correct, absolute worst case of appx. 1200 systems sold in 15 years at $1.2M each is $1.44B in system sales revenue. (6.6 per month, 80 per year)
Add in service contracts at close to $100K/yr and assume 7.5 years average per system (5 year lifespan, fewer replacements, longer retention due to lesser utilization in smaller facilities, etc... Ballpark numbers, but viable) is almost another billion for service contracts. Reusables and disposables per case, estimate about $1000 per procedure, and average maybe 500 cases per year/per system... $500K per system/per year times 1200 systems times 7.5 years per system = $4.5B additional revenue over those 15 years. About $7B in revenue for 15 years is the absolute worst case according to that analysis. Top end is more than double those numbers.
What is the stock worth market cap) for a company destined to do $10B or more in sales? (That's conservatively averaging worst and best case scenarios, $7B to $15B or more... Okay, that's over 15 years, so just under $700M/year.) If a fair market cap was 3 to 5 years of revenue (we'll say 4 on average) that would be $3B in market capitalization, or about $12 to $20 per share.
I would suggest buying all you can at anything under fifty cents a share and you should be sitting on almost a hundred bagger investment.
Without RS
My crystal ball. I am posting this more for myself to look back on in four year from now.....The money for continued operation will come in one way or the other. I am not concerned, this is going to happen. We might see a RS but it won’t be 30. Perhaps 10. I predict this stock will hit $1 on or before year end 2017. After that in 2018 it will creep up to $1.50 to $2. As we hit the FDA approval point we will quickly accelerate to the $4.50-$5.80 mark. Within four years as we pass the 2021 mark this industry will explode as investors look back at how it grew from $3.2B in 2014 to over $20B in 2021. I predict we see this stock at $25 in four years giving us long investors 3 x “ten baggers”. I retire young in five years.
I'm not selling anytime soon. (Planning to hold for at least 6 more years if neccessary) If a vote is on the table for 2017/2018 in terms of PPS I would say no less than $6.50 to $8 per share.
This was just posted at 9:30am Eastern time from Nicholson Center on their Facebook feed.
Our world-renowned Global Robotics Institute Florida Hospital Celebration Health physicians, Vipul Patel, MD and Eduardo Parra-Davila, MD tested out the feasibility of Titan Medical's SPORT System through single port abdominal robotic surgery last week at our facility. Both physicians found this system to be a valuable tool in their surgical disciplines. Read more: https://hubs.ly/H08P9Vv0
How about $500 to $800 per share in 8 to 10 years!
Yes I do. The reason is because of the price point of this stock, it is now considered a penny stock. Every trader needs to sign a document saying they understand the risks associated with trading penny stocks. You can do this verbally with an agent or go online. Once done you can trade whatever you like.
I know this is a bit premature but I have started searching for million dollar properties on the lake with landing strips where I can land my Gulfstream.
Sorry to rub this in but who were those folk who said they would wait until after the RS to buy back in?
Nothing like the smell of "Rocket Fuel" in the morning!
Pre-ignition countdown starts now.
Here's to hopefully an explosive PPS day.
PPS going up. Yes, yes, yes.
Anything worth getting excited about this? - Stans Signs Partnership Agreement With Atomredmetzoloto
Data suggest that, over the near term, DUST could be the way to play miners as gold struggles to make a new leg higher. "The bad news for miners is compounded by readings of the U.S. economy. For one, the Fed's slow but steady hawkishness on interest rates signals a preventative measure against inflation," said Direxion. "Yet, despite the FOMC's best efforts to anticipate its rise, inflation has actually remained at or near the Fed's target through much of 2017."
Read more: Consider This About Leveraged Gold Miners ETFs | Investopedia http://www.investopedia.com/news/consider-about-leveraged-gold-miners-etfs/#ixzz4pIBZHgxL
Watching this stock is like watching a floating toy duck bob along on an incoming tide. 10 feet away, then 9, 8, then back to 10... you get the idea.
66Mustang I appreciate your reply to my question which main purpose was to get a feeling of the confidence level of the top posters on this board.
I personally used to hold around 35,000 shares at the $2 mark but when it dipped to 0.11 I picked up another 100K which puts me in at 135K. I would love to be closer to the 300K mark but know I need to place "the eggs" more carefully in other baskets.
Wondering how much stock the big posters on this board own? 100k, 300k, 1m?
I'm have been enjoying some of the new positive and encouraging messages today. I am long on this stock and in-too-deep to back off. I've owned this for about five years and continue to accumulate. I see this last dip as a great buying opportunity. Sure hope this investment pays off like I initially anticipated it would.
Anyone know if the Nicholson partnership is investing any money into Titan?
What exactly is this relationship? Is it simply an end user location to get their opinion for product progress & verification?
I found this on Dr Roger Smith on his LinkedIn profile. He is the CTO for the Nicholson center who has partnered with Titan.
Most importantly...Specialties: Technology Strategy & Innovation, Medical Robotics and Simulation, Training & Education
There are several interesting links when googling Titan & Nicholson Center.
----------------------------------------------------
Dr. Roger Smith is the Chief Technology Officer for Florida Hospital's Nicholson Center for Surgical Advancement. He was previously the CTO for U.S. Army Simulation, Training and Instrumentation and a Research Scientist at Texas A&M University. He is also Graduate Faculty at University of Central Florida and President of Simulation First where he provides keynote event presentations and scientific lectures.
Book Author:
* A CTO Thinks About Innovation.
* Chief Technology Officer: Defining the Responsibilities of the Senior Technical Representative.
* Simulation & Game Technology for Medical Education.
* Military Simulation and Serious Games.
* Patterns of Strength: New Habits for Improving Personality, Intelligence, and Relationships.
* Advice: written on the back of a business card.
* In the Footsteps of Franklin.
International Project Experience:
England, Scotland, France, Italy, The Netherlands, Belgium, Germany, Switzerland, Sweden, Israel, South Korea, Singapore, and Canada.
Specialties: Technology Strategy & Innovation, Medical Robotics and Simulation, Training & Education,
Is this their website address:?www.stansenergy.com ?
It says it is under construction and will be available soon.
Pretty lame considering they have had several years to get that part right.